What is Element?
Elements (ELM) is a digital currency based on Blockchain technology with X11 Algo (Digishield) and works on Proof of Work (POW). The blocks are generated by POW technology.
Elements aims at transforming the conventional loyalty/rewards programs to Blockchain based loyalty programs.
How "Elements" will change the loyalty industry?
Merchants can significantly reduce the cost of liability by mining Elements for FREE.
A single currency accepted by multiple merchants provides an advantage to consumers. Furthermore, customers can exchange their Elements for fiat and cryptocurrencies.